Xaar plc Declares Dividend of GBX 3 (XAR)
Xaar plc (LON:XAR) announced a dividend on Thursday, August 28th, ARN reports. Shareholders of record on Wednesday, September 3rd will be paid a dividend of GBX 3 ($0.05) per share on Friday, October 3rd. This represents a dividend yield of 0.68%. The ex-dividend date is Wednesday, September 3rd. The official announcement can be accessed at this link.
A number of analysts have recently weighed in on XAR shares. Analysts at Investec downgraded shares of Xaar plc to a “sell” rating in a research note on Thursday. They now have a GBX 430 ($7.12) price target on the stock, down previously from GBX 560 ($9.27). On a related note, analysts at N+1 Singer reiterated a “corporate” rating on shares of Xaar plc in a research note on Thursday. Finally, analysts at FinnCap reiterated a “hold” rating on shares of Xaar plc in a research note on Thursday. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company’s stock. Xaar plc has an average rating of “Hold” and an average price target of GBX 676.67 ($11.20).
Shares of Xaar plc (LON:XAR) traded down 21.96% on Thursday, hitting GBX 437.00. The stock had a trading volume of 3,234,459 shares. Xaar plc has a 1-year low of GBX 385.00 and a 1-year high of GBX 1191.00. The stock’s 50-day moving average is GBX 551.3 and its 200-day moving average is GBX 762.7. The company’s market cap is £325.0 million.
Xaar plc (LON:XAR) is a holding company.
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